Precious metals are rare, naturally occurring metallic elements that have high economic value. Whilst valuable to industry, they are now mostly used as commodities investment instruments that also offer precious insights into the health of economies, as they are viewed as a relative safe haven in tough times.
With an EssenceFX MetaTrader 4 Trading Account, you are able to have a long-term position in physical gold or silver, whilst taking advantage of this risk on/off trade in commodities in your Trading Account. Trading and long-term investment go hand-in-hand, as you are able to hedge your physical positions whenever you see the market turning.
Whether you are a trader or an investor, the precious metals markets offer valuable indicators for correlated risk market direction, as well as the ability to hedge or trade these predictable technical movements on MetaTrader 4 with EssenceFX.
For centuries, gold has been used as a safeguard against risk. In today's highly volatile market environment, adding gold to your portfolio via the EssenceFX MetaTrader 4 Platform helps to insure against major 'black swan' events.
Increased volatility is what traders live by and thrive on. Trade gold today.
Closely correlated to gold, silver presents a vast number of trading opportunities otherwise missed if traders only trade gold.
If you are looking to exploit opportunity on a transparent and highly liquid commodities market, trade silver.
Copper is one of the major indicators through which investors and traders measure the overall health of the world economy.
Copper futures are traded on futures markets and are highly linked to the commodity currencies of the Australian and Canadian Dollars. If demand for copper falls, then so will these correlated forex markets.
Take advantage of the correlations between commodities and forex by trading the new copper contract on MetaTrader 4 with EssenceFX.